Market Overview

Plug Power, FuelCell And Ballard Power Shares Benefit From Wal-Mart Order

Related WMT
5 Companies That Boost Hiring For The Holidays
Wal-Mart Stores, Inc. And Oracle Corporation Highlight CNBC's Stock Pops & Drops From September 19
Cavuto: Where are all the Shoppers? (Fox Business)

Fuel cells stocks are hot Tuesday after Wa-Mart (NASDAQ: WMT) placed a follow-on order with Plug Power (NASDAQ: PLUG). Plug Power expects to deliver 286 fuel cells, adding to the initial 1,783 unit order in February.

Peer companies are trading higher as investors speculate on the viability of the fuel cell business.

  • Plug Power up 7.3 percent
  • FuelCell (NASDAQ: FCEL) up 1.7 percent
  • Ballard Power (NASDAQ: BLDP) up 2.3 percent

Although these jumps are significant, shares of Plug Power are up almost 300 percent year to date and 1,430 percent over the past year.

Posted-In: News Contracts Hot Movers

 

Related Articles (BLDP + FCEL)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters